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Corporate Social Responsibilities of BHP Billiton Company

   

Added on  2023-06-11

10 Pages2438 Words458 Views
BHP Billiton COmpany
Corporate Social Responsibilities
BHP CSR
Name of Author
University Name

Table of Contents
EXECUTIVE SUMMARY...................................................................................................................2
INTRODUTION...................................................................................................................................2
OBJECTIVE..........................................................................................................................................2
METHODOLOGIES.............................................................................................................................3
Carroll’s Pyramid..............................................................................................................................3
Wartick and Cochrane’s Typology....................................................................................................3
INFORMATION ANALYSIS...............................................................................................................4
FINDINGS............................................................................................................................................5
RECOMMENDATIONS.......................................................................................................................6
Conclusion.............................................................................................................................................7
References.............................................................................................................................................8

EXECUTIVE SUMMARY
With the ramified economic growth, each and every organization needs to use the
corporate social responsibilities and ethical work program in its business to run the business
effectively. This work process assists companies to give back to societies’ what companies
are taking while running the business. The focus in current report lies on corporate social
responsibility and ethics. The whole discussion goes around the company’s response to key
stakeholders’ expectations. After the expectations are discussed, the gaps that are identified
between the expectations and real performance are laid down with a note regarding the
recommendations for filling the gaps. The theories used is analysing the corporate
responsibility and ethical performance consist of Carroll’s Pyramid and Wartick and
Cochrane’s Typology.
INTRODUTION
The company chosen for the analysis is BHP Billiton Limited. This company is under
the list of top 100 Australian stock exchange listed companies and have its headquarters
established in Melbourne, Australia. Being a world-leading resource company, its work
includes processing minerals, oil and gas. Corporate social responsibility is done on voluntary
basis by the companies because they are a part of the fabric of society. Activities are
undertaken under corporate social responsibility to enable the company’s operation in the
given economic, social and environmental parameters in a sustainable manner. A company
cannot run in the long run, if it just cares for its own profit irrespective of the harm that is
brought to the society in large. There are several rules and regulations have been applied on
the companies which require them to deliver the best possible benefits to societies at large
(BHP Billiton Company, 2017).
OBJECTIVE
The objective of current report is to apply the analytical frameworks of corporate
responsibility and ethics that include Carroll’s Pyramid and Wartick and Cochrane’s
Typology to examine the company’s activities in line with the expectations of key
stakeholder to identify the areas where the company lack in fulfilment of responsibilities.
Proposals are also being set to lay down the recommendations which BHP Billiton can follow
to achieve the goals of meeting stakeholders’ expectations. The main objective of the CSR

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